MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT
OF THE RUSSIAN FAR EASTJanuary 2019
KEY TOPICS• Vladimir Putin invites
Narendra Modi to theEastern EconomicForum• Vladivostok to receive
4.5 billion roubles toimprove its roadnetwork• The Far EastDevelopment
Corporation is creating
an investor pool for
TADs in Trans-Baikal
Territory and Republicof Buryatia

NEWS FROM THE EASTERN ECONOMIC FORUM
30 January 2019, TASS

National Programme for the Development of the Russian Far East to be presented toVladimir Putin at EEF 2019
The National Programme for the Development of the Russian Far East will be presented toPresident of the Russian Federation Vladimir Putin during the 5th Eastern Economic Forum (EEF),
which will be held in Vladivostok in September. This was reported by Presidential Plenipotentiary
Envoy to the Far Eastern Federal District Yury Trutnev.
https://tass.ru/ekonomika/6056890

7 January 2019, Izvestia

Vladimir Putin invites Narendra Modi to the Eastern Economic Forum
During a phone conversation with Indian Prime Minister Narendra Modi, Russian President
Vladimir Putin invited the prime minister to attend the Eastern Economic Forum in Vladivostok inSeptember of this year as the main guest.
The call saw the two leaders discuss bilateral relations and strategic partnership, while also
noting that relations between Russia and India have continued developing dynamically.
https://iz.ru/831534/2019-01-07/putin-priglasil-modi-na-vostochnyi-ekonomicheskii-forum

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MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST

GOVERNMENT POLICY IN THE RUSSIANFAR EAST
29 January 2019, Izvestia

Russian Far East to introduce benefits for the birth of a first childRussian Far East regions plan to introduce lump sum payments for the birth of a first child.
The payment will amount to around 20 thousand roubles, calculated in each case by doubling thesubsistence minimum of the appropriate federal subject.
Moreover, the FEFD plans to pay out regional maternal capital (30% of federal capital) if thefamily grows to include a second child, as well as monthly benefits following the birth of a third andsubsequent children.
https://iz.ru/839311/2019-01-29/vyplaty-pri-rozhdenii-pervogo-rebenka-vvedut-na-dalnem-vostoke
17 January 2019, Ministry for the Development of the Russian Far East

Russian Far East to see new mortgage assistance measures
Certain categories of Far Eastern residents will see mortgage interest rates drop to 5%. Thiswas reported by Deputy Prime Minister of the Russian Federation Tatyana Golikova at a meeting ofthe President of the Russian Federation with members of the Government of the RussianFederation.
“The proposal would see the lowering of mortgage interest rates to 5% across the Russian
Far East for those families who, starting from 1 January 2019, saw the birth of a second orsubsequent child, as well as those who obtained real estate or a residence through the secondary
market in the rural areas of the Far Eastern Federal District. These are the only groups who will
receive this benefit. We discussed this with Yury Trutnev and Alexander Kozlov. We want to see how
this will function from the point of view of providing families with the thing they need the most — aplace to live,” stated Golikova.

https://minvr.ru/press-center/news/20745/

THE RUSSIAN FAR EAST ECONOMY
29 January 2019, TASS

Vladivostok to receive 4.5 billion roubles to improve its road network
As the new capital of the Far Eastern Federal District, Vladivostok will receive additional
funding from the federal budget to be used towards the repair and reconstruction of its road network
in 2019. This was reported by Presidential Plenipotentiary Envoy to the Far Eastern Federal District
Yury Trutnev after a meeting with Primorye Territory leadership.
https://tass.ru/ekonomika/6052072
9 January 2019, Interfax

Amur Region budget grew by 1.7 billion roubles thanks to gas projects
Last year, over the course of nine months, the Amur Region budget grew by more than 1.7billion roubles as a result of the construction of the Amur Gas Processing Plant and the Power ofSiberia gas pipeline.
http://www.interfax-russia.ru/FarEast/news.asp?id=995572&sec=1679
29 January 2019, TASSPrimorye to create a land bank for management of vacant property
The land bank is intended to more effectively manage vacant properties of interest toinvestors with agricultural projects. This was reported by Presidential Plenipotentiary Envoy to theFar Eastern Federal District Yury Trutnev.

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MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST

“We are creating a land bank, we will try to gather all of the vacant properties to be managed
by the either the territory or the Far East Development Corporation. We will unite our efforts tomanage this land efficiently and efficiently allocate it for investment projects”, said Trutnev after ameeting in Vladivostok focused on agricultural investment projects.
https://tass.ru/ekonomika/6052064

NEW DEVELOPMENT MECHANISMS FOR THE
RUSSIAN FAR EAST: SUCCESS STORIES
29 January 2019, TASSFar East Development Corporation is creating an investor pool for TADs in TransBaikal Territory and Republic of Buryatia
The Far East Development Corporation (FEDC) and representatives from the Trans-Baikal
Territory and Republic of Buryatia have started forming a pool of investors ready to work in theTerritories of Advanced Development and in the Free Port of Vladivostok.
Far East Development Corporation specialists have already arrived in Chita and Ulan-Ude toassess Trans-Baikal Territory and Republic of Buryatia entrepreneurs’ readiness to work in TADs
and to research infrastructure construction opportunities for future residents. This work will also besupported by the regional development institutions Trans-Baikal Territory Development Corporationand Fund for the Regional Development of the Republic of Buryatia.
https://tass.ru/ekonomika/6054449
28 January 2019, RIA Novosti

Students to take part in developing National Programme for the Development of theRussian Far East
Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev opened astudent centre for developing the National Programme for the Development of the Russian Far Eastat Far Eastern Federal University in Vladivostok, reports the Ministry for the Development of theRussian Far East.
At a meeting with Trutnev, students described their ideas for what should be included in theNational Programme, including the issues of encouraging graduates from Far Eastern universities tostay within the region and attracting skilled labour from other regions to the FEFD. The participantspresented their proposals for supporting vital economic sectors, urban development, environmental
protection, and improving the region’s transport accessibility.
https://ria.ru/20190128/1550029914.html
28 January 2019, TASSYury Trutnev discussed development of Russian Far East with Leaders of Russia
competition finalists
Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev met withFar Eastern finalists of the Leaders of Russia national management competition and discussed
ideas and issues related to regional development.
According to the Presidential Plenipotentiary Envoy to the Far Eastern Federal District, thediscussion included suggestions on refining the communication accuracy regarding the Far Eastern
Hectare programme as well as proposals for improving the district’s demographic situation.
https://tass.ru/obschestvo/6048643

ORGANIZER OF THE EASTERN ECONOMIC FORUM:3